A long-standing aversion toward using technology and automated processes to calculate carry and waterfalls is slowly dissipating, but the private funds industry has some way to go before adoption takes hold across the board.
From AI to automated waterfall processes, tech advances are slowly making inroads in the private funds industry.
GPs may be willing to invest in technology to meet transparency demands from LPs and regulators, but they need solutions that use that data for more than just reporting, say RSM’s Scott Helberg and Christa Clark.
But pricing strategies are also becoming increasingly important in an inflationary world.
The 2022 Private Funds Leaders Survey confirms the strength of sentiment in the private markets despite the challenging macro conditions, finds Dan McNamara, chief strategy officer at MUFG Investor Services.
Direct lending managers are looking for partners to take the reins on day-to-day operations as they navigate rapid expansion, says MUFG’s Treabhor Mac Eochaidh, executive director and head of debt services.
Decisions about which services to outsource need careful consideration, says Shani Zindel, chief investment officer, Livingbridge.
How private fund leaders really feel as inflationary concerns start to bite.
Digital fundraising platforms continue to transform the way managers develop their businesses, even as many return to in-person relationship management, according to an Apex Group executive.
GPs need to ask more of their ESG data and reporting technology, as the market is unlikely to stop evolving, Allvue’s Paymun Saket says.